John Paulson almost didn't go into investing, believe it or not.
The now-billionaire was into the arts in his youth, pursuing interests such as creative writing and film production. He dropped out of college at NYU in the 1970s but eventually found his way to the business path. He has said a trip to visit a wealthy uncle in Ecuador brought him "back to liking money again."
Paulson's affinity for the finer things in life and business savvy have worked out well. He has built a personal net worth that Forbes estimates to be $9.8 billion, and his hedge fund, Paulson & Co., is one of Wall Street's most closely observed. He has been generous with his wealth as well and in 2015 gave a $400 million endowment to Harvard -- the institution's largest gift ever.
Paulson's current investment portfolio at Paulson & Co. includes 86 publicly listed equity positions, as per his most recent 13F. The regulatory filing, corresponding to June 30, lists holdings valued at $9.8 billion in total.
Here are 10 stocks the hedge fund manager bought into during the second quarter.
Paulson's biggest new acquisition of the second quarter was EMC (EMC) . He acquired 10 million shares valued at $272.9 million as of June 30.
EMC supports the businesses and service providers to transform information technology operations to an as-a-service model. Its operating segments are EMC Information Infrastructure, Pivotal and VMware Virtual Infrastructure. It has a $56 billion market cap and trades at a P/E of 26.76.
VMware provides virtualization infrastructure solutions utilized by organizations. It has a $31 billion market cap and trades at a P/E of 29.35.
Take-Two Interactive Software
Paulson purchased one million shares of Take-Two Interactive Software (TTWO) - Get Take-Two Interactive Software, Inc. Report last quarter. As of the end of the period, the stake is worth $37.9 million.
Take-Two Interactive is a developer, marketer and publisher of interactive entertainment for consumers around the globe. The company develops and publishes products through its two wholly owned labels: Rockstar Games and 2K. It has a $3.6 billion market cap and trades at a P/E of 165.16.
Sanofi is a health care company engaged in the research, development, manufacture and marketing of healthcare products. It has a $101.4 billion market cap and trades at a P/E of 21.18.
Johnson & Johnson
Johnson & Johnson is a holding company that engages in research and development and the manufacture and sale of products in the health care field within consumer, pharmaceutical and medical devices segments. It has a $325.9 billion market cap and trades at a P/E of 21.70.
FedEx provides a portfolio of transportation, e-commerce and business services. Its operating business segments are FedEx Express, FedEx Ground, FedEx Freight, FedEx Services and TNT Express. It has a $44.6 billion market cap and trades at a P/E of 25.79.
Quintiles Transnational Holdings
Paulson picked up 164,200 shares of Quintiles Transnational Holdings (Q) worth $10.7 million.
Quintiles Transnational provides biopharmaceutical development services and commercial outsourcing services. Its two operating segments are product development segment and integrated healthcare services. It has a $9.1 billion market cap and trades at a P/E of 23.07.
Cigna is a health services organization. The company provides medical, dental, disability, life and accident insurance and related products and services. It has a $34.2 billion market cap and trades at a P/E of 17.3.
St. Jude Medical
Paulson picked up 45,500 shares of St. Jude Medical (STJ) . The stake is worth $3.5 million as of the end of the second quarter.
St. Jude Medical develops, manufactures and distributes cardiovascular medical devices for cardiac rhythm management, cardiovascular, atrial fibrillation therapy areas and neurostimulation medical devices for the management of chronic pain. It has a $23.6 billion market cap and trades at a P/E of 36.03.
Priceline (PCLN) is another new acquisition for Paulson. His fund acquired 1,700 shares valued at $2.1 million as of the end of the second quarter.
Priceline is a provider of online travel and travel related reservation and search services. The company offers consumers accommodation reservations through its Booking.com, priceline.com and agoda.com brands. It has a $70.4 billion market cap and trades at a P/E of 27.26.